YEARLY HIGH
33.0586 VUV
YEARLY LOW
32.0554 VUV
YEARLY AVERAGE
32.5632 VUV

2023 QAR to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 33.0586. Conversely, the yearly low was recorded on February 5, dropping to 32.0554.

This high-to-low spread represents a total annual volatility of 1.0033 VUV. From a start-to-finish perspective, comparing the January average rate of 32.3943 to the December average rate of 32.5745, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 33.0586 was down 3.84% compared to the 2022 peak of 34.3779, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 165,293 VUV
2022 Average 160,387 VUV
Yearly Trough Low 160,277 VUV
Transaction Impact: A difference of 5,016.38 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.7072
32.3371
JanuMarcMayJulySeptNove

QAR to VUV Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 32.5201, compared to 32.6062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0861 points.

H1 Avg (Jan–Jun) 32.5201
H2 Avg (Jul–Dec) 32.6062

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.7276 VUV (High: 33.0586 / Low: 32.3310). On the other end, May was the most stable month, with a tight range of 0.0512 VUV (High: 32.6916 / Low: 32.6404).

April Spread (Volatile) ±0.7276
May Spread (Stable) ±0.0512

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0945 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0945

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 32.6387) against the same month in 2022 (average: 30.9069), the exchange rate shifted by +1.7318 (+5.60%).

2023 Avg (April) 32.6387
2022 Avg (April) 30.9069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.4315 32.1968 32.3943
February 32.5911 32.0554 32.3679
March 32.7190 32.1175 32.3778
April 33.0586 32.3310 32.6387
May 32.6916 32.6404 32.6763
June 32.7114 32.5046 32.6658
July 32.7918 32.6070 32.6738
August 32.6150 32.4418 32.5792
September 32.6204 32.5430 32.5989
October 32.6282 32.5144 32.5889
November 32.7967 32.5453 32.6220
December 32.6115 32.4894 32.5745